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iShares Silver Trust

297 hedge funds and large institutions have $1.41B invested in iShares Silver Trust in 2013 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 95 increasing their positions, 89 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

48% more capital invested

Capital invested by funds: $953M → $1.41B (+$457M)

46% more call options, than puts

Call options by funds: $1.26B | Put options by funds: $864M

19% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 42

4.42% more ownership

Funds ownership: 14.61%19.02% (+4.4%)

2% more funds holding

Funds holding: 292297 (+5)

7% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 89

Holders
297
Holders Change
+5
Holders Change %
+1.71%
% of All Funds
9.63%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.19%
New
50
Increased
95
Reduced
89
Closed
42
Calls
$1.26B
Puts
$864M
Net Calls
+$400M
Net Calls Change
+$317M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$151M +$135M +6,515,200 +896%
Morgan Stanley
2
Morgan Stanley
New York
$150M +$53.1M +2,572,055 +56%
Bank of America
3
Bank of America
North Carolina
$147M -$2.11M -102,259 -1%
JP Morgan Chase
4
JP Morgan Chase
New York
$120M +$74.6M +3,612,600 +169%
CS
5
Credit Suisse
Switzerland
$90.2M +$30.6M +1,479,618 +52%
Teacher Retirement System of Texas
6
Teacher Retirement System of Texas
Texas
$71.3M -$10.3M -497,000 -13%
Wells Fargo
7
Wells Fargo
California
$54.7M -$962K -46,543 -2%
Citigroup
8
Citigroup
New York
$46.3M +$36.8M +1,779,079 +407%
Deutsche Bank
9
Deutsche Bank
Germany
$34.5M +$12.2M +589,262 +56%
U
10
UBS
Switzerland
$32.3M -$4.36M -210,922 -12%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$31.6M +$10.1M +488,874 +48%
Parallax Volatility Advisers
12
Parallax Volatility Advisers
California
$19.4M +$10.4M +504,916 +119%
SCM
13
Stevens Capital Management
Pennsylvania
$17.6M +$5.01M +242,555 +40%
BA
14
BlackRock Advisors
Delaware
$16.4M +$16.2M +783,500 New
ICM
15
Ionic Capital Management
New York
$16.3M +$10.8M +520,508 +202%
CIC
16
Chilton Investment Company
Connecticut
$15.3M +$15.1M +733,225 New
BFA
17
Beaumont Financial Advisors
Massachusetts
$13.5M +$12.6M +608,015 +1,525%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$13.4M +$10.8M +521,288 +441%
Goldman Sachs
19
Goldman Sachs
New York
$12.5M +$4.98M +240,877 +67%
BI
20
Braeside Investments
Texas
$12.2M -$495K -23,972 -4%
Barclays
21
Barclays
United Kingdom
$11.7M -$5.47M -264,900 -31%
TAG
22
Tactical Allocation Group
Michigan
$10.5M +$10.3M +500,379 New
LPL Financial
23
LPL Financial
California
$10.3M -$43.1K -2,088 -0.4%
VKH
24
Virtu KCG Holdings
New York
$9.85M +$9.74M +471,382 New
GLI
25
Guardian Life Insurance
New York
$9.38M +$252K +12,197 +3%

SLV Hedge Fund Activity: Q3 2013 in Review

297 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares Silver Trust (SLV) for Q3 2013, worth a combined $1.41B — up 48% from $953M a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new SLV positions and 42 closed out — a net gain of 8 holders — while 95 added to existing stakes and 89 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $135M. The largest seller was Assured Investment Management, exiting entirely with an estimated $17.3M sold.

  • 297 institutional investors held iShares Silver Trust (SLV) as of Q3 2013, up from 292 in Q2 2013.
  • Funds reported $1.41B of iShares Silver Trust stock for Q3 2013, up 48% quarter-over-quarter.
  • 50 funds opened new iShares Silver Trust positions in Q3 2013 and 42 closed out, a net change of +8 holders.
  • The largest iShares Silver Trust buyer in Q3 2013 was Susquehanna International Group, an estimated $135M added.
  • The largest iShares Silver Trust seller in Q3 2013 was Assured Investment Management, an estimated $17.3M sold.

Based on aggregated 13F filings for Q3 2013.